European CLO market changing post-Covid

European CLO structures are evolving post-crisis, including the introduction of static deals only pr...

European CLOs continue to improve

The European CLO market is seeking to build on its relatively stable foundations of recent months as...

A review of securitisation activity over the past seven days

REMINDER: SCI CRT Awards The submissions period for the 2020 SCI CRT Awards is now open. The qualif...

Euro residual values holding up

The European second-hand car market has been relatively strong since lockdown ended, supporting auto...

A review of securitisation activity over the past seven days

SCI CRT Awards The submissions period for the 2020 SCI CRT Awards is now open. The qualifying perio...

European CLO overlap issues addressed

European CLOs’ overlap disadvantage versus the US has been exacerbated by the Covid crisis...

Middle market CLO credit agreements being renegotiated

Many of the borrowers of the loans underlying US middle market CLOs are facing severe economic distr...

SCI hears from an US MBS buyer about what he likes in the market... and next week what he doesn't

Karlis R. Ulmanis, CFA, is a portfolio manager at DuPont Capital. In these waning days of summer, he...

Sector developments and company hires

FDIC sued over Madden rule The states of California, Illinois, Massachusetts, Minnesota, New Jersey...

A review of securitisation activity over the past seven days

Last week's stories Car capital relief JPM Chase tests the auto loan waters with new CRT deal ...

US CLO spread and issuance targets raised as previous levels already met

US CLO triple-A and triple-B secondary spreads are now at 150bp and 450bp, while net primary supply...

A review of securitisation activity over the past seven days

Last week's stories Collections clarity Payment arrangement ABS strengthened Problem solving ...

CLO equity activity continues to be challenged

The US CLO primary and secondary markets broadly appear to have bounced back from the early stages o...

A review of securitisation activity over the past seven days

Last week's stories Asset-backed attenuation Stricter underwriting in auto, credit card and home...

Sector developments and company hires

MM CLO test failures rise The continued deterioration in credit quality of issuers due to the coron...

A review of securitisation activity over the past seven days

Last week's stories Blockchain boost DLT opportunity for ABS market CMBS concerns Tailored B...